Many thanks to minemind, I've been corrected. It clearly states, Teck has 30 days to accept the document as bankable and if so the 30 days are part of the 120 day back in period.

It also states, if the feasability is bankable under the terms of the 12% or the 8% discount, "it is bankable"...It then contradicts itself by saying, if only bankable at the 8% discount it can be accepted at the sole discretion of Teck.. so are we bankable at the 12% discount.

Small wonder the market at large isn't getting excited. this thing is complex....chunky